Brazil Courier, Express, and Parcel (CEP) Market Size
Market Overview
| Study Period | 2017 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 5.93 Billion |
| Market Size (2030) | USD 7.77 Billion |
| Growth Rate (2025 - 2030) | 5.56% CAGR |
| Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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Brazil Courier, Express, and Parcel (CEP) Market Analysis
The Brazil Courier, Express, and Parcel (CEP) Market size is estimated at 5.93 billion USD in 2025, and is expected to reach 7.77 billion USD by 2030, growing at a CAGR of 5.56% during the forecast period (2025-2030).
Brazil's logistics and transportation infrastructure is undergoing significant transformation, backed by substantial government initiatives and private sector investments. In August 2023, the government announced a comprehensive USD 200 billion investment plan for infrastructure, energy, and transportation development through 2027, aimed at stimulating economic growth and enhancing connectivity. The transport and storage sector's contribution to GDP stood at 3.1% in 2022, reflecting its crucial role in the economy. This investment strategy encompasses various projects, including new highways, ports, and urban development initiatives, positioning Brazil for enhanced logistics service capabilities and improved delivery services.
The maritime logistics landscape is experiencing remarkable growth, with over 40 commercial ports distributed across Brazil's extensive 8,500-kilometer coastline handling approximately 90% of the country's foreign trade. In April 2024, Terminal Investment Limited (TIL) announced a significant USD 3.3 billion investment in Brazilian ports, with a particular focus on the Santos port in São Paulo state. Additionally, DP World and Brazilian railway operator Rumo's collaboration on a new terminal at the Port of Santos, representing a USD 500 million investment, demonstrates the growing emphasis on modernizing port infrastructure to enhance logistics efficiency, including freight forwarding.
Brazil has demonstrated substantial improvement in its logistics capabilities, climbing to the 51st position in the 2023 Logistics Performance Index, marking a notable five-place improvement from its 2018 ranking. The advancement is supported by strategic initiatives such as the Inter-American Development Bank's approval of a USD 480 million loan for the São Paulo Highway Investment Program in July 2023, which aims to upgrade 470 kilometers of state highways. These developments are complemented by the implementation of new railroad legislation and the BR do Mar initiative, which are designed to increase private sector participation and reduce navigation costs, thereby enhancing courier service efficiency.
The financial services sector is driving significant innovation in logistics services, with Brazil recording 212 million active credit cards as of June 2024, surpassing the country's total population of approximately 215 million. This high penetration of financial services is complemented by major automotive industry investments, such as Stellantis's announced USD 6.07 billion investment in Brazil between 2025 and 2030, and Toyota's USD 2.22 billion commitment announced in March 2024. These investments are creating new demands for specialized logistics service while simultaneously driving improvements in infrastructure and delivery services capabilities across the country.
Brazil Courier, Express, and Parcel (CEP) Market Trends
In 2022, Brazil secured USD 47.27 billion in logistics investment and expanded privatization efforts to bridge infrastructure gap
- In January 2024, Brazil received a substantial funding injection of USD 1.7 billion from the New Development Bank, marking a crucial step in the country's efforts toward sustainable development and climate resilience. The initial USD 500 million tranche is designated for the BNDES Climate Program, aimed at reducing greenhouse gas emissions and facilitating climate change adaptation efforts. The remaining USD 1.2 billion will support sustainable infrastructure programs, aiding states and municipalities in transitioning to greener practices.
- In 2023, the Brazilian government allocated USD 2.59 billion to infrastructure logistics, covering highways, railways, ports, and airports, with the majority, about USD 2.42 billion, directed towards highways while railways received a smaller portion of USD 30.25 millions. However, there are plans to unveil a significant national initiative to boost investments in freight rail projects by June 2024, combining both public and private sector funding. The government intends to inject USD 4 billion into these projects.
,-Share---Of-GDP,-Brazil,-2017---2022.svg)
Diesel prices witnessing a drop in demand due to seasonal variation and economic slowdown in 2024
- In March 2024, Brazil saw a drop in Diesel demand due to seasonal variations and a possible economic slowdown. Petrobras' move to lower Diesel prices and the requirement to increase biodiesel blending from 12% to 14% also contributed to this decline in demand for pure fossil Diesel. Global shifts in crude oil prices and government initiatives to stabilize prices were key factors influencing the domestic market. Despite having an excess of 3.2 million barrels of Russian Diesel, Brazil continued to receive shipments without a complete stop.
- In February 2024, diesel, gasoline, and cooking gas prices rose by around 12.5% due to adjustments of the ICMS state goods and services tax. This increase was decided by the national committee of state finance secretaries in October 2023 and marks the first adjustment of ICMS on fuels since 2022. A law passed previously unified this tax across Brazil and set a minimum period of 1year before the first rate change, with subsequent revisions permitted every 6 months. The next price adjustment is expected by 2024 year end.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Brazil's population is expected to peak in 2041, then decline, with aging demographics becoming prominent by 2070
- The country aims to add 20 million hectares of cropland by 2031, reflecting a 2.6% annual growth rate
- Brazil's e-commerce industry is projected to expand at a CAGR of 14.07% from 2023 to 2027
- In 2022, Brazil secured USD 47.27 billion in logistics investment and expanded privatization efforts to bridge infrastructure gap
- Under the National Fertilizer Plan, Brazil aims to cut its fertilizer import share to 45% by 2050
- Brazil's infrastructure ranked 78th in 2022 in the GCI, with a USD 0.33 billion roadway investment planned by 2038
- Brazil aligns its heavy industries' decarbonization efforts with the Industrial Deep Decarbonization Initiative
- Brazil's PPI accelerated largely due to increase in petroleum prices, and CPI increased due to rise in tourism
- Brazil's manufacturing industry is poised for growth, fueled by substantial investments from automakers
- Brazil aims to become the fifth-largest crude oil exporter by 2030, driven by investments in oil production
- Brazil reached 51st place in 2023, fueled by investments worth USD 49.6 billion in railways
Segment Analysis: By Destination
Domestic Segment in Brazil CEP Market
The domestic segment dominates Brazil's Courier, Express, and Parcel (CEP) market, commanding approximately 81% market share in 2024. This substantial market position is driven by the robust growth of e-commerce activities within Brazil, with major players like Magazine Luiza, Casas Bahia, and Americanas collectively accounting for over 36% of the top 100 online stores' revenue. The segment's strength is further reinforced by significant investments in domestic logistics infrastructure, exemplified by Cainiao Network's establishment of a Latin American headquarters in São Paulo and its expansion to over 1,000 cities across Brazil. Additionally, the emergence of specialized delivery services, such as on-demand online grocery delivery, which generated revenue of about USD 3 billion in 2023, has contributed to the segment's dominance. The domestic segment's growth is also supported by strategic partnerships and expansions, such as Differente's USD 3 million fundraising and Jokr's USD 50 million investment in 2023, aimed at enhancing geographical coverage and last-mile delivery capabilities.
International Segment in Brazil CEP Market
The international segment of Brazil's CEP market is experiencing robust growth, projected to expand at approximately 5.3% annually from 2024 to 2029. This growth trajectory is primarily driven by increasing cross-border e-commerce activities and strategic regulatory changes. A significant development was Brazil's implementation of a revised import system for low-value shipments in August 2023, allowing duty-free treatment for imports valued up to USD 50 from registered foreign e-commerce platforms. The segment's expansion is further supported by major international logistics players enhancing their Brazilian operations. Cross-border e-commerce transactions have shown remarkable momentum, with platforms like Mercado Livre from Argentina capturing 13.9% of total visits, Singapore's Shopee securing 10.1%, and Amazon's Brazilian branch achieving 6.8%. The growth is also facilitated by Brazil's strategic position in Latin American trade, with the country implementing various initiatives to streamline international shipping processes and enhance cross-border logistics efficiency.
Segment Analysis: By Speed of Delivery
Non-Express Segment in Brazil CEP Market
The non-express segment dominates the Brazil Courier, Express, and Parcel (CEP) market, commanding approximately 96% market share in 2024. This substantial market position is driven by the segment's cost-effectiveness and reliability for standard package delivery services. The segment has particularly benefited from the growth in e-commerce shipments where delivery speed is not critical. Major players like Correios have strengthened their non-express delivery networks across Brazil, especially focusing on expanding coverage in tier 2 and tier 3 cities. The introduction of improved tracking systems and delivery optimization technologies has enhanced the reliability of non-express services, making them an attractive option for both businesses and consumers looking for economical shipping solutions.
Express Segment in Brazil CEP Market
The express delivery segment is projected to be the fastest-growing segment in the Brazil CEP market, with an expected growth rate of approximately 7% between 2024 and 2029. This growth is being driven by increasing demand for time-sensitive deliveries, particularly in the e-commerce and healthcare sectors. Leading international players like DHL, FedEx, and UPS have been expanding their express delivery capabilities across major Brazilian cities, introducing new technologies and service innovations. The segment has seen significant investments in automation and digital technologies to improve delivery speeds and tracking capabilities. The rise of same-day delivery and next-day delivery requirements from e-commerce platforms has further accelerated the adoption of express delivery services, particularly in metropolitan areas like São Paulo and Rio de Janeiro.
Segment Analysis: By Model
B2C Segment in Brazil CEP Market
The Business-to-Consumer (B2C) segment dominates Brazil's Courier, Express, and Parcel market, commanding approximately 58% market share in 2024, driven primarily by the country's robust e-commerce sector. Major e-commerce players like Mercado Libre, Shopee, and Amazon Brasil are continuously expanding their operations and improving B2C delivery capabilities across the country. In early 2024, Mercado Libre announced significant investments of USD 4.7 billion planned for Brazil, with expectations to expand their workforce to 30,000 employees. The segment is also experiencing the fastest growth trajectory, projected to expand at approximately 7% annually through 2029, fueled by increasing e-commerce penetration, improving digital payment adoption, and enhanced last-mile delivery infrastructure. The growth is further supported by strategic partnerships between e-commerce platforms and logistics providers, enabling faster delivery times and better coverage across Brazil's vast geography.
Remaining Segments in Model Segmentation
The Business-to-Business (B2B) and Consumer-to-Consumer (C2C) segments complete the market landscape, each serving distinct customer needs. The B2B delivery segment primarily caters to corporate logistics requirements, manufacturing supply chains, and wholesale trade operations, with companies like DHL and FedEx providing specialized B2B delivery solutions. The C2C segment, facilitated by platforms like Mercado Livre and OLX, focuses on peer-to-peer transactions, particularly in categories such as fashion items, accessories, and second-hand goods. Both segments benefit from ongoing technological advancements in tracking systems, route optimization, and delivery management platforms, though their growth rates remain moderate compared to the B2C segment. The evolution of these segments is shaped by factors such as urbanization, digital adoption, and the increasing preference for online marketplaces among Brazilian consumers.
Segment Analysis: By Mode of Transport
Road Segment in Brazil CEP Market
The road transportation segment dominates Brazil's Courier, Express, and Parcel (CEP) market, commanding approximately 53% of the total market value in 2024. This significant market share is supported by Brazil's extensive road network spanning 2.0 million kilometers, though only 12.3% is paved. The Brazilian government's commitment to road infrastructure development is evident through its planned investment of approximately BRL 205 billion in infrastructure development through 2025. Furthermore, the government is actively seeking private investment commitments of around 300 billion reais for highways by 2026 under a new concession model. The segment's strength is reinforced by Brazil's comprehensive fleet of approximately 2 million trucks, ranging from heavy vehicles for long-distance transportation to lighter trucks for urban delivery of palletized items and parcels.
Road Segment in Brazil CEP Market
The road segment is also demonstrating robust growth potential in the Brazil CEP market. The segment's expansion is driven by several key factors, including the government's infrastructure construction plans such as the pavement of the BR-319 highway and BR-163 to the Suriname border. The Brazilian Investment Partnership Program has brought more than 9,600 kilometers of highway under concession, facilitating better infrastructure for transportation services. The growth is further supported by the increasing adoption of flexible payment methods, such as installment plans and Boleto Bancario, which are making road freight services more accessible to businesses and consumers. Additionally, the segment benefits from the expanding e-commerce industry, which relies heavily on road transportation for last-mile delivery services.
Remaining Segments in Mode of Transport
The air transport segment plays a crucial role in Brazil's CEP market, particularly for time-sensitive deliveries and international shipments. The segment benefits from Brazil's well-developed airport infrastructure and increasing air cargo capacity. The 'Others' category, which includes alternative modes of transport such as maritime and rail freight, contributes to the market's diversity by offering specialized solutions for specific transportation needs. Maritime transport is particularly significant given Brazil's extensive coastline of about 8,500 kilometers and its network of over 40 commercial ports, while rail freight focuses primarily on the transportation of raw materials and agricultural products, complementing the overall transportation network.
Segment Analysis: By End User Industry
Manufacturing Segment in Brazil CEP Market
The manufacturing segment dominates the Brazil Courier, Express, and Parcel (CEP) market, commanding approximately 42% market share in 2024. This significant market position is driven by the sector's extensive logistics requirements across various manufacturing subsectors including automotive, chemicals, electronics, and machinery. In 2024, Nestlé enhanced its operations in Brazil with a new Additive Manufacturing Center in São Paulo to support its factories nationwide, while Stellantis announced an investment of USD 6.07 billion in Brazil between 2025 and 2030 for manufacturing over 40 new cars. Similarly, Toyota's announcement of a USD 2.22 billion investment in Brazil for manufacturing new vehicles specially designed for the country's customers further strengthens the segment's position. The manufacturing sector's implementation of Industry 4.0 technologies such as automation, artificial intelligence, and machine learning continues to drive demand for sophisticated logistics and delivery services.
E-commerce Segment in Brazil CEP Market
The e-commerce segment is experiencing the fastest growth in the Brazil CEP market, with projections indicating robust expansion through 2024-2029. This growth is fueled by Brazil's position as Latin America's largest e-commerce market, with significant investments from major players. In early 2024, Mercado Libre announced BRL 23 billion (USD 4.7 billion) in investments planned for Brazil, with their workforce expected to reach 30,000. The segment's growth is further supported by increasing digital payment adoption, with companies like Shopee receiving authorization from the Brazilian Central Bank to operate as a payment institution. The expansion of e-commerce operations across smaller cities with lower retail density is enhancing brand visibility and market reach, while the rise of online grocery delivery services, growing at about 32% since 2019, adds another dimension to the segment's expansion. Major e-commerce players are actively exploring new delivery models and adopting innovative technologies to achieve faster deliveries and increase operational efficiency.
Remaining Segments in End User Industry
The Brazil CEP market encompasses several other significant segments including Financial Services (BFSI), Healthcare, Primary Industry, and Wholesale and Retail Trade (Offline). The BFSI sector is witnessing increased demand for secure document and valuable item delivery services, particularly with the growing adoption of digital banking services. The healthcare segment is benefiting from Brazil's position as the largest healthcare market in Latin America, with specialized delivery requirements for medical supplies and pharmaceuticals. The primary industry segment, comprising agriculture and mining, generates substantial demand for equipment and spare parts delivery. The wholesale and retail trade segment continues to evolve with the integration of omnichannel strategies, requiring sophisticated logistics solutions for inventory management and store replenishment.
Brazil Courier, Express, and Parcel (CEP) Industry Overview
Top Companies in Brazil Courier, Express, and Parcel Market
The leading companies in the market are demonstrating a strong commitment to innovation and sustainability through various strategic initiatives. Companies are rapidly expanding their electric vehicle fleets and establishing new distribution centers equipped with advanced automation and robotics capabilities. There is an increasing focus on developing specialized solutions for e-commerce deliveries, including same-day and next-day express delivery options. Operational agility is being enhanced through investments in digital technologies, real-time tracking systems, and AI-powered route optimization. Strategic partnerships, particularly between traditional logistics service players and e-commerce platforms, are becoming more prevalent to improve last mile delivery capabilities. Companies are also expanding their geographical presence by opening new branches and delivery points across Brazil's diverse regions, while simultaneously upgrading existing facilities with modern infrastructure and sustainable technologies.
Market Dominated by Mix of Global-Local Players
The Brazilian CEP market exhibits a balanced mix of established global logistics giants and strong local players, creating a competitive yet collaborative ecosystem. Global players like FedEx, DHL, and UPS leverage their international networks and technological capabilities, while local champions such as Empresa Brasileira de Correios e Telegrafos maintain strong market positions through their extensive domestic coverage and local market understanding. The market structure shows moderate consolidation, with the top five players holding significant market share while still leaving room for specialized regional operators and emerging logistics startups.
The market is witnessing strategic consolidation through various forms of partnerships and acquisitions, particularly in response to the growing e-commerce sector. Traditional logistics service companies are acquiring or partnering with tech-enabled logistics startups to enhance their digital capabilities and last mile delivery solutions. Cross-border partnerships are becoming increasingly important, especially for handling international e-commerce shipments. The industry is seeing vertical integration as e-commerce platforms develop their own logistics capabilities while traditional carriers expand into specialized services like cold chain logistics and time-critical deliveries.
Innovation and Sustainability Drive Future Success
For incumbent players to maintain and expand their market share, focus needs to be placed on developing comprehensive end-to-end logistics solutions while investing in sustainable practices. Companies must enhance their technological infrastructure to offer seamless integration with e-commerce platforms and provide real-time visibility throughout the delivery process. Investment in automated sorting facilities, electric vehicle fleets, and alternative delivery methods like smart lockers will be crucial. Building strong relationships with key e-commerce players while maintaining service quality for traditional business segments will be essential for long-term success.
New entrants and challenger companies can gain market share by focusing on specialized niches and underserved regions while leveraging innovative technologies. Success factors include developing strong courier service and last-mile delivery capabilities, particularly in challenging urban areas and remote locations. Companies must also consider potential regulatory changes regarding environmental standards and labor practices, which could impact operational costs and service delivery models. The ability to adapt to changing consumer preferences, particularly in terms of delivery speed and flexibility, while maintaining cost efficiency will be crucial. Building strategic partnerships with complementary service providers and investing in sustainable practices will help companies establish strong market positions.
Brazil Courier, Express, and Parcel (CEP) Market Leaders
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Azul - Linhas Aéreas Brasileiras (including Azul Cargo Express)
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DHL Group
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Empresa Brasileira de Correios e Telegrafos
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FedEx
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Total Express
- *Disclaimer: Major Players sorted in no particular order
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Brazil Courier, Express, and Parcel (CEP) Market News
- September 2024: FedEx partnered with and invested in Nimble, an AI robotics and autonomous e-commerce fulfillment technology company, to scale FedEx Fulfillment with their fully autonomous 3PL model. FedEx offered a comprehensive approach to help e-commerce and omnichannel brands make faster, smarter supply chain decisions. With more than 130 warehouse and fulfillment operations in North America and 475 million returns processed annually, FedEx Supply Chain helped brands consolidate functions, increase agility, and accelerate click-to-door speed to maximize supply chain value.
- August 2024: FedEx introduced new digital visibility products, enhancing the experience for shippers and recipients by merging digital solutions with essential data. These paid solutions catered to the rising market demand for advanced data analytics. Businesses harnessed near real-time insights and predictive analytics, refining their customers' post-purchase experience. FedEx also offered paid data integration solutions, granting third-party providers access to shipment tracking information, including the Track API, Track EDI, and new webhook subscriptions, all designed to enhance premium post-purchase tracking and supply chain visibility.
- July 2024: Azul Linhas Aéreas Brasileiras is in plans to write a proposal to the United States bankruptcy courts to merge with GOL Linhas Aéreas Inteligentes. Azul is in discussions with Abra Group, owner of GOL Linhas Aéreas. Yet, the potential merger faced a major hurdle in reflecting the true value of Azul’s and GOL’s current market prices and the approval of Brazil’s antitrust authority (CADE). In May 2024, Azul and GOL confirmed in security filings that they were engaged in independent discussions on a merger but did not enter into formal agreement.
Free With This Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 60+ free charts, the section covers difficult to find data on various regions pertaining to e-commerce industry trends, economic contribution of the transportation & storage sector, export-import trends, logistics performance among other key indicators.
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List of Tables & Figures
- Figure 1:
- POPULATION DISTRIBUTION BY GENDER, COUNT, BRAZIL, 2017 - 2030
- Figure 2:
- POPULATION DISTRIBUTION BY DEVELOPMENT AREA, COUNT, BRAZIL, 2017 - 2030
- Figure 3:
- POPULATION DENSITY, POPULATION/SQ. KM, BRAZIL, 2017 - 2030
- Figure 4:
- GROSS DOMESTIC PRODUCT (GDP) SHARE OF FINAL CONSUMPTION EXPENDITURE (IN CURRENT PRICES), SHARE % OF GDP, BRAZIL, 2017 - 2022
- Figure 5:
- FINAL CONSUMPTION EXPENDITURE, ANNUAL GROWTH (%), BRAZIL, 2017 - 2022
- Figure 6:
- POPULATION DISTRIBUTION BY MAJOR CITY, COUNT, BRAZIL, 2022
- Figure 7:
- DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, BRAZIL, 2022
- Figure 8:
- GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, BRAZIL, 2017 - 2023
- Figure 9:
- WHOLESALE PRICE INFLATION RATE, %, BRAZIL, 2017 - 2022
- Figure 10:
- CONSUMER PRICE INFLATION RATE, %, BRAZIL, 2017 - 2022
- Figure 11:
- GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, BRAZIL, 2017 - 2027
- Figure 12:
- SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, BRAZIL, 2022
- Figure 13:
- GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, BRAZIL, 2017 - 2022
- Figure 14:
- SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, BRAZIL, 2022
- Figure 15:
- VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, BRAZIL, 2017 - 2022
- Figure 16:
- TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, BRAZIL, 2017 - 2022
- Figure 17:
- VALUE OF EXPORTS, USD, BRAZIL, 2017 - 2022
- Figure 18:
- VALUE OF IMPORTS, USD, BRAZIL, 2017 - 2022
- Figure 19:
- FUEL PRICE BY TYPE OF FUEL, USD/LITER, BRAZIL, 2017 - 2022
- Figure 20:
- RANK OF LOGISTICS PERFORMANCE, RANK, BRAZIL, 2010 - 2023
- Figure 21:
- LENGTH OF ROADS, KM, BRAZIL, 2017 - 2022
- Figure 22:
- SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, BRAZIL, 2022
- Figure 23:
- SHARE OF ROAD LENGTH BY ROAD CLASSIFICATION, %, BRAZIL, 2022
- Figure 24:
- RAIL LENGTH, KM, BRAZIL, 2017 - 2022
- Figure 25:
- CONTAINERS HANDLED AT MAJOR PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), BRAZIL, 2022
- Figure 26:
- CARGO WEIGHT HANDLED AT MAJOR AIRPORTS, TONS, BRAZIL, 2022
- Figure 27:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 28:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 29:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, NUMBER OF PARCELS, BRAZIL 2017 - 2030
- Figure 30:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, USD, BRAZIL 2017 - 2030
- Figure 31:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, BRAZIL, 2017 - 2030
- Figure 32:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, BRAZIL, 2017 - 2030
- Figure 33:
- VOLUME OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 34:
- VALUE OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 35:
- VALUE SHARE OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2024 VS 2030
- Figure 36:
- VOLUME OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 37:
- VALUE OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 38:
- VALUE SHARE OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2024 VS 2030
- Figure 39:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, NUMBER OF PARCELS, BRAZIL 2017 - 2030
- Figure 40:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, USD, BRAZIL 2017 - 2030
- Figure 41:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, %, BRAZIL, 2017 - 2030
- Figure 42:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, %, BRAZIL, 2017 - 2030
- Figure 43:
- VOLUME OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 44:
- VALUE OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 45:
- VALUE SHARE OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2024 VS 2030
- Figure 46:
- VOLUME OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 47:
- VALUE OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 48:
- VALUE SHARE OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2024 VS 2030
- Figure 49:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, NUMBER OF PARCELS, BRAZIL 2017 - 2030
- Figure 50:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, USD, BRAZIL 2017 - 2030
- Figure 51:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, %, BRAZIL, 2017 - 2030
- Figure 52:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, %, BRAZIL, 2017 - 2030
- Figure 53:
- VOLUME OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 54:
- VALUE OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 55:
- VALUE SHARE OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2024 VS 2030
- Figure 56:
- VOLUME OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 57:
- VALUE OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 58:
- VALUE SHARE OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2024 VS 2030
- Figure 59:
- VOLUME OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 60:
- VALUE OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 61:
- VALUE SHARE OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2024 VS 2030
- Figure 62:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, NUMBER OF PARCELS, BRAZIL 2017 - 2030
- Figure 63:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, USD, BRAZIL 2017 - 2030
- Figure 64:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, %, BRAZIL, 2017 - 2030
- Figure 65:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, %, BRAZIL, 2017 - 2030
- Figure 66:
- VOLUME OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 67:
- VALUE OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 68:
- VALUE SHARE OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2024 VS 2030
- Figure 69:
- VOLUME OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 70:
- VALUE OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 71:
- VALUE SHARE OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2024 VS 2030
- Figure 72:
- VOLUME OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 73:
- VALUE OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 74:
- VALUE SHARE OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2024 VS 2030
- Figure 75:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, NUMBER OF PARCELS, BRAZIL 2017 - 2030
- Figure 76:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, USD, BRAZIL 2017 - 2030
- Figure 77:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, %, BRAZIL, 2017 - 2030
- Figure 78:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, %, BRAZIL, 2017 - 2030
- Figure 79:
- VOLUME OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 80:
- VALUE OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 81:
- VALUE SHARE OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2024 VS 2030
- Figure 82:
- VOLUME OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 83:
- VALUE OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 84:
- VALUE SHARE OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2024 VS 2030
- Figure 85:
- VOLUME OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 86:
- VALUE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 87:
- VALUE SHARE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2024 VS 2030
- Figure 88:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, NUMBER OF PARCELS, BRAZIL 2017 - 2030
- Figure 89:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, USD, BRAZIL 2017 - 2030
- Figure 90:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2017 - 2030
- Figure 91:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, BRAZIL, 2017 - 2030
- Figure 92:
- VOLUME OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 93:
- VALUE OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 94:
- VALUE SHARE OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, BRAZIL, 2024 VS 2030
- Figure 95:
- VOLUME OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 96:
- VALUE OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 97:
- VALUE SHARE OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, BRAZIL, 2024 VS 2030
- Figure 98:
- VOLUME OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 99:
- VALUE OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 100:
- VALUE SHARE OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, BRAZIL, 2024 VS 2030
- Figure 101:
- VOLUME OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 102:
- VALUE OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 103:
- VALUE SHARE OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, BRAZIL, 2024 VS 2030
- Figure 104:
- VOLUME OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 105:
- VALUE OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 106:
- VALUE SHARE OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, BRAZIL, 2024 VS 2030
- Figure 107:
- VOLUME OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 108:
- VALUE OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 109:
- VALUE SHARE OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, BRAZIL, 2024 VS 2030
- Figure 110:
- VOLUME OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, BRAZIL, 2017 - 2030
- Figure 111:
- VALUE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, BRAZIL, 2017 - 2030
- Figure 112:
- VALUE SHARE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, BRAZIL, 2024 VS 2030
- Figure 113:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, BRAZIL, 2017 - 2023
- Figure 114:
- MOST ADOPTED STRATEGIES, COUNT, BRAZIL, 2017 - 2023
- Figure 115:
- VALUE SHARE OF MAJOR PLAYERS, %, BRAZIL
Brazil Courier, Express, and Parcel (CEP) Industry Segmentation
Domestic, International are covered as segments by Destination. Express, Non-Express are covered as segments by Speed Of Delivery. Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C) are covered as segments by Model. Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments are covered as segments by Shipment Weight. Air, Road, Others are covered as segments by Mode Of Transport. E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others are covered as segments by End User Industry.| Destination | Domestic |
| International | |
| Speed Of Delivery | Express |
| Non-Express | |
| Model | Business-to-Business (B2B) |
| Business-to-Consumer (B2C) | |
| Consumer-to-Consumer (C2C) | |
| Shipment Weight | Heavy Weight Shipments |
| Light Weight Shipments | |
| Medium Weight Shipments | |
| Mode Of Transport | Air |
| Road | |
| Others | |
| End User Industry | E-Commerce |
| Financial Services (BFSI) | |
| Healthcare | |
| Manufacturing | |
| Primary Industry | |
| Wholesale and Retail Trade (Offline) | |
| Others |
| Domestic |
| International |
| Express |
| Non-Express |
| Business-to-Business (B2B) |
| Business-to-Consumer (B2C) |
| Consumer-to-Consumer (C2C) |
| Heavy Weight Shipments |
| Light Weight Shipments |
| Medium Weight Shipments |
| Air |
| Road |
| Others |
| E-Commerce |
| Financial Services (BFSI) |
| Healthcare |
| Manufacturing |
| Primary Industry |
| Wholesale and Retail Trade (Offline) |
| Others |
Market Definition
- Courier, Express, and Parcel - The Courier, Express, and Parcel services, often called as CEP Market, refers to the logistics and postal service providers which specialize in moving small goods (parcels/packages). It captures the overall market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, (2) Business Customer packages viz. Business-to-Business (B2B) & Business-to-Consumer (B2C) as well as private customer packages (C2C), (3) non-express parcel delivery services (Standard and Deferred) as well as express parcel delivery services (Day-Definite-Express and Time-Definite-Express), (4) domestic as well as international shipments.
- Demographics - To analyse total addressable market demand, population growth & forecasts have been studied and presented in this industry trend. It represents population distribution across categories like gender (male/female), development area (urban/rural), major cities among other key parameters like population density and final consumption expenditure (growth and share % of GDP). This data has been used for assessing the fluctations in demand & consumption expenditure, and the major hotspots (cities) of potential demand.
- Domestic Courier Market - Domestic Courier Market refers to the CEP shipments wherein the origin and destination is within the boundary of the geography studied (country or region as per the scope of report). It captures the market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, including light weight shipments, medium weight shipments and heavy weight shipments (2) Business Customer packages viz. Business-to-Business (B2B) & Business-to-Consumer (B2C) as well as private customer packages (C2C), (3) non-express parcel delivery services (Standard and Deferred) as well as express parcel delivery services (Day-Definite-Express and Time-Definite-Express).
- E-Commerce - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the e-tailers, through online sales channel, on Courier, Express, and Parcel (CEP) services. The scope includes (i) the supply chain of a company's online customer orders being fulfilled, (ii) the process of getting a product from the point of manufacturing to the point at which it is delivered to consumers. It involves managing inventory (deferred as well as time critical), shipping, and distribution.
- Export Trends and Import Trends - Overall logistics performance of an economy is positively and significantly (statistically) correlated to its trade performance (exports and imports). Hence, in this industry trend, total value of trade, major commodities/ commodity groups and the major trade partners, for the studied geography (country or region as per the scope of report) have been analysed alongside the impact of major trade/logistics infrastructure investments & regulatory environment.
- Financial Services (BFSI) - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the BFSI players, on Courier, Express, and Parcel (CEP) services. CEP is important to the financial services industry in shipping of confidential documents and files. The establishments in this sector are engaged in (i) financial transactions (that is, transactions involving the creation, liquidation, or change in ownership of financial assets) or in facilitating financial transactions, (ii) financial intermediation, (iii) the pooling of risk by underwriting annuities and insurance, (iv) providing specialized services that facilitate or support financial intermediation, insurance and employee benefit programs, and (v) monetary control - the monetary authorities.
- Fuel Price - Fuel price spikes can cause delays and diruption for logistics service providers (LSPs), while drops in the same can result in higher short-term profitability and increased market rivalry to offer consumers with the best deals. Hence, the fuel price variations have been studied over the review period and presented along with the causes as well as market impacts.
- GDP Distribution by Economic Activity - Nominal Gross Domestic Product and distribution of the same, across major economic sectors in the geography studied (country or region as per scope of the report) have been studied and presented in this industry trend. As GDP is positively related to the profitability and growth of logistics industry, this data has been used in adjunction to the input-output tables/ supply-use tables for analyzing the potential major contributing sectors towards the logistics demand.
- GDP Growth by Economic Activity - Growth of Nominal Gross Domestic Product across major economic sectors, for the geography studied (country or region as per scope of the report) have been presented in this industry trend. This data has been utilized for assessing the growth of logistics demand from all the market end users (economic sectors considered here).
- Healthcare - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the Healthcare players (Hospitals, clinics, mrdical centres) , on Courier, Express, and Parcel (CEP) services. The scope includes CEP services involved in the defrerred as well time critical movement of medical goods & supplies (surgical supplies and instruments, including gloves, masks, syringes, equipment). The establishments in this sector (i) include the ones providing medical care exclusively (ii) deliver services by trained professionals (iii) involve processes, including labor inputs of health practitioners with the requisite expertise (iv) are defined based on the educational degree held by the practitioners included in the industry.
- Inflation - Variations in both Wholesale Price Inflation (YoY change in producer price index) and Consumer Price Inflation have been presented in this industry trend. This data has been used to assess the inflationary environment as it plays a vital role in smooth functioning of the supply chain, directly impacting the logistics operational cost components e.g., pricing of tyres, driver wages & benefits, energy/fuel prices, maintenace costs, toll charges, warehousing rents, custom brokerage, forwarding rates, courier rates etc. hence impacting the overall freight and logistics market.
- Infrastructure - As infrastructure plays a vital role in an economy's logistics performance, variables like length of roads, distribution of road length by surface category (paved v/s unpaved), distribution of road length by road classification (expressways v/s highways v/s other roads), rail length, volume of containers handled by major ports and tonnage handled by major airports have been analysed and presented in this industry trend.
- International Express Service Market - International Express Service Market refers to the CEP shipments wherein the origin or destination is not within the boundary of the geography studied (country or region as per the scope of report). It captures the market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, including light weight shipments, medium weight shipments and heavy weight shipments (ii) Inter-Region as well as Intra-Region Shipments
- Key Industry Trends - The report section named "Key Industry Trends" include all the key variables/parameters studied to better analyze the market size estimates and forecasts. All the trends have been presented in the form of data points (time series or latest available data points) along with analysis of the paramter in the form of concise market relevant commentary, for the geography studied (country or region as per the scope of report).
- Key Strategic Moves - The action taken by a company to differentiate from its competitor or used as a general strategy is referred to as a key strategic move (KSM). This includes (1) Agreements (2) Expansions (3) Financial Restructuring (4) Mergers and Acquisitions (5) Partnerships, and (6) Product Innovations. Key players (Logistics Service Providers, LSPs) in the market have been shortlisted, their KSM have been studied and presented in this section.
- Logistics Performance - Logistics Performance and Logistics Costs are the backbone of trade, and influences trade costs, making countries compete globally. Logistics performance is influenced by market wide adopted supply chain management strategies, government services, investments & policies, fuel/ energy costs, inflationary environment etc. Hence, in this industry trend, the logistics performance of the geography studied (country/ region as per the scope of report) has been analysed and presented over the review period.
- Manufacturing - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the Manufacturing industry (including Hi-Tech/Technology) players, on Courier, Express, and Parcel (CEP) services. The end user players considered are the establishments primarily engaged in the chemical, mechanical or physical transformation of materials or substances into new products. Logistics Service Providers (LSPs) play a crucial role in maintaining a smooth flow of raw materials across the supply chain, enabling timely delivery of finished goods to distributors or end customers and storing & supplying the raw materials to clients for just-in-time manufacturing.
- Other End Users - Other end user segment captures the external (outsourced) logistics expenditure incurred by the construction, real estate, educational services, and professional services (administrative, waste management, legal, architectural, engineering, design, consulting, scientific R&D), on Courier, Express, and Parcel (CEP) services. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of time critical supplies and documents to/from these industries such as transporting any equipment or resources required, shipping confidential documents and files.
- Primary Industry - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the AFF (Agriculture, Fishing, and Forestry) and Extraction indsutry (Oil &Gas, Quarrying and Mining) players, on Courier, Express, and Parcel (CEP) services. The end user players considered are the establishments (i) primarily engaged in growing crops, raising animals, harvesting timber, harvesting fish & other animals from their natural habitats and providing related support activities; (ii) that extract naturally occurring mineral solids, such as coal and ores; liquid minerals, such as crude petroleum; and gases, such as natural gas. Herein, Logistics Service Providers (LSPs) (i) play a crucial role in acquisition, storage, handling, transportation, and distribution activities for the optimal & continuous flow of inputs (seeds, pesticides, fertilizers, equipment, and water) from manufacturers or suppliers to the producers and smooth flow of output (produce, agro-goods) to distributors/ consumers; (ii) cover entire phases from upstream to downstream and play a crucial role in the transportation of machinery, drilling equipments, extracted minerals, crude oil & natural gas and refined/ processed products from one place to another. This includes both termperature controlled and non-temperature controlled logistics, as and when required according to the shelf life of goods being transported or stored.
- Producer Price Inflation - It indicates inflation from viewpoint of the producers viz. the average selling price received for their output over a period of time. Annual change (YoY) of producer price index is reported as wholesale price inflation in the "Inflation" industry trend. As WPI captures dynamic price movements in most comprehensive way, it is widely used by governments, banks, industry, business circles and is deemed important in formulation of trade, fiscal and other economic policies. The data has been used in adjunction to consumer price inflation for better understanding the inflationary environment.
- Segmental Revenue - Segmental Revenue has been triangulated or computed and presented for all the major players in the market. It refers to the courier, express, and parcel (CEP) market specific revenue earned by the company, over the base year of study, in the geography studied (country or region as per the scope of report). It is computed through the study and analysis of major parameters like financials, service portfolio, employee strength, fleet size, investments, number of countries present in, major economies of concern, etc. that have been reported by the company in its annual reports, webpage. For companies having scarce financial disclosures, paid databases like D&B Hoovers, Dow Jones Factiva have been resorted to and verified through industry/expert interactions.
- Transport and Storage Sector GDP - Value and growth of Transport and Storage Sector GDP has a direct relation to the freight and logistics market size. Hence, this variable has been studied and presented over the review period, in value terms (USD) and as share % of total GDP, in this industry trend. The data has been supported by concise and relevant commentary around the investments, developments, and current market scenario.
- Trends in E-Commerce Industry - Enhanced internet connectivity and boom in smartphone penetration, coupled with increasing disposable incomes, has led to a phenomenal growth in the e-commerce market globally. Online shoppers require fast and efficient delivery of their orders leading to an increase in the demand for logistics services especially e-commerce fulfilment services. Hence, the Gross Merchandise Value (GMV), historial and projected growth, breakup of major commodity groups in e-commerce industry for the studied geography (country or region as per scope of the report) have been analysed and presented in this industry trend.
- Trends in Manufacturing Industry - Manufacturing industry involves the transformation of raw materials into finished products, while logistics industry ensures the efficient flow of raw materials to the factory, and the transport of manufactured products to the distributors & consumers. Demand-Supply of both industries are highly cross-linked and critical for a seamless supply chain. Hence, the Gross Value Added (GVA), breakup of GVA into major manufacturing sectors, and growth of manufacturing industry over the review period have been analysed and presented, in this industry trend.
- Wholesale and Retail Trade (Offline) - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the wholesalers and retailers, through offline sales channel, on Courier, Express, and Parcel (CEP) services. The end user players considered are the establishments primarily engaged in wholesaling or retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies to and finished products from production houses to the distributors and finally to the end customer covering activites like material sourcing, transportation, order fulfillment, warehousing & storage, demand forecasting, inventory management etc.
| Keyword | Definition |
|---|---|
| Axle Load | The axle load refers to the total load (weight) bearing on the roadway through wheels connected to a given axle. Across the globe, there are systems in place to ensure axle load monitoring, wherein surpassing the defined limits set by the concerned regulatory authority can lead to penalty/fine. For transportation of goods via road this can be an important determinant of costs as knowledge about the axle load limits can be used to (i) load the vehicle optimally for maximizing profits (ii) avoid exceeding the same and hence the probable fines associated (iii) avoid wear and tear of the vehicle (iv) avoid damage to pavement resulting in noticeable public maintenance and repair costs (v) achieve better turnaround time. |
| Back Haul | Backhaul is the return movement of a transport vehicle from its original destination to its original point of departure, and can include full, partial, or empty truck loads (all or part of the way) depending on the visibility of the local freight ecosystem. In this regard, transportation of empty containers to the point of origin, known as deadheading is also a significant factor, considering the supply/container shortages across the geographies, resulting in cost escalation and under optimized profit potential attainment. Generally, the carriers offer discounts on the backhaul, to secure freight for the trip. |
| Bill of Lading (BOL) | A bill of lading is a legal contract document issued by a carrier to a shipper to acknowledge reception of their cargo, and is evidence for the contract of carriage between the two parties. Broadly it details the (i) type, quantity, and other specifications of the goods being carried (ii) destination, and terms & conditions of the shipment (iii) carrier and drivers with all the necessary information to process the shipment, which can be used for insurance and customs clearance purposes (iv) assurance that the consignment is damage-free and ready to be shipped to the consignee. In this regard, a house bill of lading (HBL) is a document issued by a freight forwarder or a non-vessel operating common carrier (NVOCC) to acknowledge receipt of items for shipment (to a shipper). If shipments from several shippers are involved a master bill of lading (MBL) might be involved which is a consolidated version of the same for all the shipments being taken care of by the carrier (to a common destination) and might be issued by the carrier to the freight forwarder or the shipper (depending on who books the transport). |
| Bunkering | Bunkering is the process of supplying fuel to power the propulsion system of a ship. It includes the logistics of loading and distributing the fuel among available shipboard tanks. In this regard, (i) Bunker fuel is technically any type of fuel oil used aboard ships. It gets its name from the containers on ships and in ports that it is stored in; in the days of steam they were coal bunkers but now they are bunker-fuel tanks, (ii) Bunker refers to the spaces (Tank) on board a vessel to store fuel, (iii) Bunker trader refers to a person dealing in trade of bunker (fuel), (iv) Bunker call is made when a cargo ship anchors or berths in a port to take on bunker oil or supplies, (v) Bunkering service is the supply of a requested quality and quantity of bunkers to a ship. Bunkering is signficant from point of view of freight rates applicable to the shipper as Bunker Contribution (BUC)/ Fuel Adjustment Factor (FAF)/ Bunker Adjustment Factor (BAF) are applied by shipping lines to offset the effect of fluctuations in the cost of bunkers. |
| Cabotage | Transport by a vehicle registered in a country, performed on the national territory of another country. Cabotage law may restrict domestic cargo traffic to be carried in its own nationally registered, and sometimes built and crewed vehicles, though regulations vary across industries/commodity groups/countries and sometimes specify maximum allowable percentage of cabotage that can be serviced by foreign registered fleet. |
| C-commerce | Collaborative commerce (also known as C-commerce), (i) describes electronically enabled business interactions among an enterprise’s internal personnel, business partners and customers throughout a trading community (industry, industry segment, supply chain or supply chain segment); (ii) is the optimization of supply and distribution channels to capitalize on the global economy by using new technology efficiently. Advantages of C-commerce, to detail few include (i) maximization of organization's efficiency and profitability (ii) technology integration with physical channels to allow companies to work together (iii) increased information exchange such as inventory and product specifications, using the web as an intermediary (iv) increased competitiveness by reaching a broader audience. Examples of C-commerce, also known as peer-to-peer commerce, include (i) companies that allow consumers to rent things from each other, or marketplaces, such as Meta (formerly Facebook) Marketplace, that allow the sale of used goods; (ii) DoorDash teamed up with many national brands, such as McDonald’s and Chipotle, to offer fast food delivery, building their business model on c-commerce. They have since expanded their delivery service from restaurants to retailers and even offer 'fleets' of drivers to businesses. |
| Courier | A business/company that delivers packages/parcels/shipments (upto 70 kgs) including quick door to door pickup and delivery service for goods or documents, domestically or internationally, on a commercial contract basis. Example, DHL Group, FedEx, United Parcel Service of America, Inc., USPS, International Distributions Services, J&T Express, SF Express among several others |
| Cross docking | Cross docking is a practice in logistics management that includes unloading incoming delivery vehicles and loading the materials directly into outbound delivery vehicles, omitting traditional warehouse logistical practices and saving time and money. It requires close synchronization of both inbound and outbound movements. It is highly significant in reduction of costs pertaining to warehousing & storage (and the associated Value Added Services). |
| Cross Trade | International transport between two different countries performed by a vehicle registered in a third country. A third country is a country other than the country of loading/embarkation and the country of unloading/disembarkation. Cross Trade law may restrict international cargo traffic to be carried by respective country's registered vehicles, and sometimes built and crewed vehicles, though regulations vary across industries/commodity groups/countries and sometimes specify maximum allowable percentage of cross trade that can be serviced by foreign registered fleet. |
| Customs Clearance | The process of declaring and clearing cargoes through customs. It includes the procedures involved in getting cargo released by Customs through designated formalities such as presenting import license/permit, payment of import duties and other required documentations by the nature of the cargo. In this regard, a customs broker is a person or company licensed by the respective department of the country to act on behalf of freight importers and exporters. |
| Dangerous Goods | Dangerous goods (or hazardous materials or HAZMAT) include flammable liquids/solids, gases (compressed, liquified, dissolved under pressure), corrosives, oxidising substances, explosive substances and articles, substances which on contact with water emit flammable gasses, organic peroxides, toxic substances, infectious substances, radioactive materials, miscellaneous dangerous goods and articles. |
| First mile Delivery | First mile delivery refers to the (i) first stage of the freight/shipment/cargo/courier transportation (ii) the transportation of goods from a merchant’s premises or warehouse to the next fulfillment centre/warehouse/hub from where the goods are forwarded (iii) shipping goods from local distribution centers to stores (For retailers) (iv) transportation of finished goods from a plant or a factory to a distribution center (For manufacturers), (v) pick up of goods from the end-customer’s home or store followed by movement to a warehouse or storage location (movers and packers), (vi) process where goods are picked up from a retailer and then transferred to third-party logistics providers or courier service providers to be delivered to the end-consumer (e-commerce). Once the package reaches the next warehouse or the courier’s hub, it is then sorted and transported further until it reaches the customer’s doorstep. Example, if one chooses UPS as a courier, first-mile delivery will be the product being delivered from manufacturer's/retailer's warehouse to the UPS’s warehouse/ fulfilment centre. |
| Last Mile Delivery | Last mile delivery refers to the very last step of the delivery process when a parcel is moved from a transportation hub (warehouse or a distribution center or fulfillment centre) to its final destination, which usually is a personal residence/retail store/ business, or parcel locker. It accounts for around half of the total cost involved in entire process of first mile, middle mile, and last mile delivery, though it can vary shipment to shipment, based on commodity, business model and similar factors. |
| Milkrun | A Milk Run is a delivery method used to transport mixed loads from various suppliers to one customer, using lean management principles applied to logistics. Instead of each supplier sending a truck every week to meet the needs of one customer, one truck (or vehicle) visits the suppliers to pick up the loads for that customer. This method of transport got its name from the dairy industry practice, where one tanker used to collect milk from several dairy farms for delivery to a milk processing company. A milk run can be a more efficient way to handle logistics but require proper planning. If the route involves products from different companies, there is need for an agreement about cost-sharing and other aspects of the cooperative delivery arrangement. Once the group settles these issues, this delivery method can save time and money for everyone by pooling operation costs and resources. |
| Multi country consolidation | Multi-Country Consolidation (MCC) is a cost-effective solution that consolidates one's cargo from different countries of origin to build Full Container Loads (FCL). MCC is most suitable for companies that import light volumes of goods from multiple countries but want to take advantage of the more economic FCL freight rates. Apart from costing some of the other advantages include (i) flexibility to choose suppliers from a wider range of origin countries without worrying about the logistics to final destination from each origin, (ii) ability to pick the most suitable suppliers from many different countries for one's business operations. The increase in one's sourcing options by MCC provides the kind of flexibility needed in competitive global markets. |
| Q-commerce | Q-commerce, also referred to as quick commerce, is a type of e-commerce where emphasis is on quick deliveries, typically in less than an hour. The companies providing Q-Commerce services might have vertically intergrated model or might be using third party delivery platforms (outsourced logistics). It has advantages like (i) competitve USP, (ii) potential to earn greater profit margins, (iii) better customer experience, (iv) guaranteed availability of products, (v) traceability, and (vi) scaleability. |
| ReverseLogistics | Reverse logistics is a type of supply chain management that moves goods from customers back to the sellers or manufacturers and may involve ciruclar economy principles (3Rs) viz. recycling, reuse (repurposing, reselling), reducing or repairing. In this regard, reverse commerce (or Recommerce) is the selling of previously owned items through physical or online marketplaces/distribution channels to buyers who reuse, recycle or resell them. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is considered to be a part of the pricing, and the average selling price (ASP) is varying throughout the forecast period for each country
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
